Express Hotels Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.20 M
- Company Age 53 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.47 Cr
- Revenue Growth -0.83%
- Profit Growth -25.43%
- Ebitda -14.50%
- Net Worth 14.01%
- Total Assets 9.42%
About Express Hotels
Express Hotels Pvt Ltd (EHPL) was founded in India on 20 May 1971 and has a glorious history of 53 years and eight months. Its registered office is in Baroda, Gujarat.
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.20 M.
The company has closed loans amounting to ₹5.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Express Hotels Pvt Ltd India is Pradeep Agarwal as CFO. Nirav Gandhi, Ashwin Gandhi, Hiren Gandhi, and One other member serve as directors at the Company.
Company Details
- LocationBaroda, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55101GJ1971PTC001900
- Company No.
001900
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1971
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Express Hotels Pvt Ltd offer?
Express Hotels Pvt Ltd offers a wide range of products and services, including Hotel Booking & Reservation Services, Hotels Accommodation Service, Hotel Bookings, Air-conditioned Deluxe Rooms, Accommodation Services, Suite Rooms Service.
Who are the key members and board of directors at Express Hotels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradeep Agarwal | CFO | 16-Nov-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiren Gandhi  | Director | 28-Jun-2003 | Current |
| Ashwin Gandhi | Whole-Time Director | 20-May-1971 | Current |
| Nirav Gandhi | Director | 10-Jun-1996 | Current |
| Kirit Gandhi | Director | 20-May-1971 | Current |
Financial Performance of Express Hotels.
Express Hotels Pvt Ltd, for the financial year ended 2024, experienced Minor drop in revenue, with a 0.83% decrease. The company also saw a substantial fall in profitability, with a 25.43% decrease in profit. The company's net worth Soared by an impressive increase of 14.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Express Hotels?
In 2024, Express Hotels had a promoter holding of 27.50% and a public holding of 72.50%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Hotel And Restaurant Association (Western India)Nirav Gandhi is a mutual person
The Federation Of Hotel And Restaurant Associations Of IndiaNirav Gandhi is a mutual person
Express Equipment Rental & Logistics Private LimitedAshwin Gandhi and Kirit Gandhi are mutual person
Express Engineering Construction Private LimitedNirav Gandhi, Ashwin Gandhi and 2 more are mutual person
Urban Pod Private LimitedHiren Gandhi is a mutual person
Crane Owners Association Of IndiaAshwin Gandhi is a mutual person
Charges (Loans)
₹0
₹54.74 M
Charges Breakdown by Lending Institutions
- Pragati Sahakari Bank Ltd. : 3.00 Cr
- Axis Bank Limited : 1.25 Cr
- Indian Overseas Bank : 1.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2018 | Axis Bank Limited | ₹1.25 Cr | Satisfied |
| 02 Mar 2010 | Pragati Sahakari Bank Ltd. | ₹3.00 Cr | Satisfied |
| 17 Aug 1998 | Indian Overseas Bank | ₹0.84 M | Satisfied |
| 09 Dec 1994 | Indian Overseas Bank | ₹6.00 M | Satisfied |
| 21 May 1988 | Indian Overseas Bank | ₹0.80 M | Satisfied |
How Many Employees Work at Express Hotels?
Express Hotels has a workforce of 158 employees as of Nov 25, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Express Hotels, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Express Hotels's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
